Guideline Value for Sivashankaran St

Sivashankaran St guideline value

The current guideline value for Sivashankaran St in Chitlapakkam village, under the Tambaram Joint 1 SRO, is not published. The last notified guideline value was Rs 1,500 per sq.ft during the 2012 revision. The land classification for this street is Government Poramboke.

How the guideline value of Sivashankaran St has changed

In the 2002 revision, there was no figure published for Sivashankaran St. Similarly, the revisions in 2003, 2007, 2017, 2023, and 2024 also do not have any figures recorded for this street.

The only revision that has a guideline value for Sivashankaran St is from 2012, where it was set at Rs 1,500 per sq.ft. There have been no changes in the guideline value for this street since that time.

Guideline values in Chitlapakkam

In Chitlapakkam, there are 548 streets under the Tambaram Joint 1 SRO that carry a 2024 guideline value, ranging from Rs 1,100 to Rs 8,800 per sq.ft, with a median value of Rs 1,650 per sq.ft. Sivashankaran St does not currently have a published rate, unlike other streets in the area.

• Somasundaram Street: Rs 1,320 per sq.ft (2024)
• Siththapathy Street: Rs 1,650 per sq.ft (2024)
• Siddhi Vinayagar Koil Street: Rs 1,650 per sq.ft (2024)
• Shaw Wallas Colony: Rs 2,750 per sq.ft (2024)
• Shaw Wallas avenue: Rs 2,750 per sq.ft (2024)
• Sharmila St: Rs 3,850 per sq.ft (2024)

Stamp duty and registration fee for property in Sivashankaran St

There is no current guideline value for Sivashankaran St, so a worked example cannot be provided. Stamp duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Sivashankaran St?

The Sub Registrar Office that covers Sivashankaran St is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059, in the Chengalpattu registration zone. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Chitlapakkam

The guideline value is an essential factor during the registration of property transactions in Chitlapakkam. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the government receives appropriate revenue from property sales.

When buying or selling property, the guideline value is compared with the sale price, and the higher of the two is used to determine the applicable stamp duty. This process helps maintain transparency and accountability in property transactions.

Frequently asked questions

What is the current guideline value for Sivashankaran St?

The current guideline value for Sivashankaran St is not published. The last notified value was Rs 1,500 per sq.ft during the 2012 revision.

How often are guideline values revised?

Guideline values are typically revised periodically, but for Sivashankaran St, there have been no figures published for the revisions in 2002, 2003, 2007, 2017, 2023, and 2024.

What is the land classification for Sivashankaran St?

The land classification for Sivashankaran St is Government Poramboke. This classification indicates that the land is owned by the government and may have restrictions on its use.

What are the guideline values for other streets in Chitlapakkam?

Other streets in Chitlapakkam have varying guideline values. For example, Somasundaram Street is valued at Rs 1,320 per sq.ft, while Sharmila St is valued at Rs 3,850 per sq.ft in 2024.

Where can I find the Sub Registrar Office for Sivashankaran St?

The Sub Registrar Office covering Sivashankaran St is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059. You can find more details through the provided link.